Boeing, Mitacs form technology consortium

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VANCOUVER, British Columbia, Dec. 10 (UPI) -- A consortium to expand technology research and development for aerospace-related markets has been formed by Boeing and a Canadian research organization.

The consortium for visual analytics by Boeing and Mitacs is called the Visual Analytics Research and Development Consortium of Canada and is composed of Canadian academics, research agencies and industry. It will enable analysts to quickly explore and synthesize large complex data using interactive visual tools.

"This new consortium will provide an outstanding opportunity for Canadian researchers to work alongside top companies like Boeing to develop practical solutions in the field of VA," said Arvind Gupta, chief executive officer and scientific director of Mitacs.

"VARDEC members are taking a step forward together, creating a competitive edge in the field of technology innovation," said Susan Colegrove, regional director, Boeing International Strategic Partnerships. "Boeing recognizes the value of collaboration and how, by working with other industry experts, we can develop technology that benefits industries beyond aerospace."

The new consortium is in line with Canada's Industrial and Regional Benefits policy which requires prime contractors such as Boeing to make investments in the Canadian economy as a result of winning defense and security contracts with the Canadian government.